the above problems and phenomena are all the effects brought about by global economic integration. The global economic form is economic diversification and economic integration. Economic diversification refers to the diversity of economic operation forms, and economic integration refers to the tightness and dependence of economic exchanges among countries and regimes around the world due to the relaxation and opening up of international financial and trade transactions, forming an independent financial network and becoming economic integration.

Every country in the world can be likened to a grasshopper tied to a rope. If one moves, it will all move. Therefore, the subprime mortgage crisis in the United States began to affect the global economic form after it was out of control.

let's talk about the subprime mortgage crisis. The forms and methods of capitalist economic development are different from those of socialism. In the economic analysis in recent years, it is easy to conclude that the economic development of developed capitalist countries has slowed down seriously, or even experienced negative economic growth. At the same time, the cheap products of developing countries have impacted the American market, which has caused the United States to have a serious trade deficit in some aspects, reduced foreign reserves and reduced local economic income, which has led to the gradual depreciation of the exchange rate of the US dollar in the international financial market, while the exchange rate of China currency-RMB against the US dollar, which has maintained a high and stable GDP growth rate, has increased steadily.

in order to get rid of the dilemma of its own economic growth, promote national consumption and increase foreign exchange income, the United States began to hoard oil. In fact, the global oil production is sufficient, but driven by interests and political purposes, the United States deliberately swallowed oil and raised the price of international crude oil.

in order to promote national consumption, American economic policy adopts the strategy of spending first and paying later. Encourage people to spend in advance and credit consumption. The payers of credit consumption are investors, banks, other countries and so on. .

this kind of economic policy can promote economic consumption and development under the condition of small-scale benign development, but the United States messed up this time. The huge economic loopholes caused by credit can't be concealed at last, and finally the current subprime economic crisis has been formed.

influenced by the United States, many countries also adopt this policy to stimulate national consumption, and it is economic investors who really pay for this kind of early consumption. When the subprime mortgage crisis came into being, global economic investors lost their confidence in the financial market, and the credit letter became smaller and smaller. After the wall supporting credit consumption fell, countries that relied on credit policies suddenly fell into economic crisis, which is the reason for the current phenomenon.

at this time, all countries in the international community can't make small plans for the past. Only by uniting and solving the current economic problems together is the only way out, and this is how the facts develop.

China's economic system is different from that of the United States, so the impact is not great. At present, China is actively cooperating with other countries to avoid the impact brought by the economic crisis.

I believe that with the good cooperation of all countries and the recovery of the United States' attitude of admitting mistakes, it is still possible for the international economy to restore its former prosperity.

and Iceland, which is a typical credit country. Iceland's annual national GDP is only $1 billion. The Icelandic government and people owe more than $3 billion to Britain and other countries through the credit economy. After the subprime mortgage crisis, investors took back their capital one after another and stopped releasing it for credit business. Iceland's debt problem appeared and became the current situation.

These are my superficial views, and I hope to bring you some help!